Mahavat

Mahavat, Department of Sales Tax, the Government of Maharashtra, India has released the filing at the intervals on the website of the official website for the year 2010-11. They can check their website at the www.mahavat.gov.in.

Frequency & timing of statements to be submitted during the periods completed in fiscal year 2010-11 is now available on the Know Your TIN facilities. Dealers are encouraged to file their VAT & CST Act depending on the frequency and use of new templates for version, ie e-Return 1.2.2.

Maharashtra Value Added Tax Act extended to the entire State of Maharashtra, with effect from April 1, 2005. This is a value added tax is a consumption tax on the estimated market value added to a product or material at each stage of manufacture or distribution, ultimately passed on to consumers. It differs from a sales tax, levied only at the time of purchase.

For more details and how to MVAT knnow, log on to the official web site mentioned above.